Waste to Energy: Turtle Island Recycling partnering to create clean products and fuel from waste
“This is the first step, amongst many, to convert waste into value added products and clean up the environment at the same time. Landfills are toxic zones when one considers the amount of poison effluents and phenols that leak into our river systems from these sites. The conversion of landfill waste into value added products is a carbon neutral initiative when the right technology is used.”
“Very few people are aware of the hazards generated by our daily waste and one example is the waste being shipped from Vancouver to Cache Creek in the BC interior, which has been documented as emitting toxic effluents,” stated Basil Botha, President and CEO of G4G Resources Ltd. “Even when attempts are made to capture it, the amount of methane gas emitted to atmosphere from these dumps is a greater danger than C02 emissions. Incineration of the waste is not the answer either as it only yields relatively low value heat steam and electricity. Plants that convert waste to high value transportation fuels and specialty chemicals will continue as a growth industry as long as we consume and one which will create real sustainable jobs for the Sarnia area and other areas that follow this path. Because the waste that is destined for landfill contains so much valuable but wasted energy, diverting this waste should be a priority for all levels of government
G4G Resources signed a memorandum of understanding (MOU) with the University of Witwatersrand Centre of Materials and Process Synthesis (COMPS) on August 13, 2008, which will enable AFC to commercialize syngas to liquids production in the Americas. COMPS have successfully developed syngas to liquids demonstration and pilot plants in Australia and China and are in discussions with the owners of these plants to construct commercial scale facilities in both countries. The Sarnia plant will be a first for North America and should set the stage for rapid commercialization of this technology.
“Botha continued. While coal and natural gas feedstocks are viable sources of alternative fuel, waste presents an immediate opportunity as a feedstock as it is a social, political and environmental problem and the upside is that we get paid to take it away and turn it into something of real value.”
The COMPS process is a new generation of the Fischer Tropsch technology. The technology offers reduced CO2 emissions, reduced capital and operating costs, as well as simplicity of operation and ease of scalability and is sufficiently environmentally friendly to earn carbon credits. Another advantage of this technology over conventional technologies is the modularity of the design. Smaller production units can be put up in a shorter period of time with a fraction of the total investment to start generating a return on the investment once the first module is operational. Given the right political support plants can be generating revenues in 2-3 years.
The fuels produced are the worlds greenest as they emit the lowest over levels of greenhouse gases, are clean burning, contain no sulphur, no particulate matter, no aromatics and no nitrous compounds.
About G4G Resources
G4G Resources is a Canadian-based mineral exploration and development company focused on iron ore and iron production projects. In addition, G4G is evaluating a number of other strategic growth opportunities to create and enhance shareholder value.
Forward-Looking Statement
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to G4G Resources Ltd., please refer to the Company’s 2006 Annual Report filed with SEDAR on April 23, 2008.
For more information contact:
Basil Botha, President and CEO
G4G Resources Ltd.
Tel: 604-602-9868
Email: ir@g4gresources.com
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